Oaks Christian School
Analysis
Oaks Christian School is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Oaks Christian School reported income of $75.5m and spending of $71.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.3m to $75.5m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oaks Christian School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Bolles School ($75.4m), Carroll College ($75.7m) and Ripon College Board of Trustees ($75.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.5m (2.1% of expenses). Other salaries and wages came to $26.9m. At year end it held assets of $183.7m against liabilities of $112.1m, net assets of $71.6m. It reported 594 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 92%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bolles School | Jacksonville | $75.4m |
| Carroll College | Helena | $75.7m |
| Ripon College Board of Trustees | Ripon | $75.4m |
| Colorado Early Colleges | Fort Collins | $75.8m |